Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Germany

Germany drug regulator suspends marketing of 54 drugs tested by GVK Bio

byCustoms Today Report
24/08/2015
in Germany
Share on FacebookShare on Twitter

BERLIN: Germany’s drug regulator has suspended the marketing of 54 medicines clinically tested by Indian pharmaceuticals research company GVK Biosciences in compliance with the European Union’s ban on around 700 generic drugs.

The Federal Institute for Medicines and Medical Products (BfArM) in Bonn said yesterday that it published a new list of medicines taken out of the supply chain in the country on the basis of the largest EU-wide suspension of sales and distribution of generic medicines ordered by the European Commission last month.

You might also like

Germany Raises 2020 Growth Forecast Slightly to 1.1%

03/02/2020

A top German carrier picks Huawei to help build its 5G network in potential snub to the US

21/01/2020

The commission’s decision was in response to a recommendation by the EU drug regulator, the European Medicines Agency (EMA), in January that the marketing authorisation of these drugs should be suspended on the grounds that they were based on clinical trials allegedly manipulated by the Hyderabad-based company.

A spokesman for BfArM told PTI that the agency added several new medicines to its list as required by the commission’s decision, which was based on the results of investigations into bio-equivalence studies conducted by GVK Bio during the period between 2004 and 2014.

An earlier list of banned generic medicines published by the agency in December and updated regularly in the past months covered only medicines subjected to clinical trials by the contract research company from 2008 to 2014, the spokesman said.

Pharmaceutical companies affected by the suspension of marketing authorisation have the possibility to challenge it only in a European court as the agency’s decision is based on the European Commission’s order, the spokesman said.

BfArM had offered them the possibility to reverse its decision if they provide new clinical trial data. Drugs manufacturers have one year to furnish the results of fresh bio-equivalence studies of their medicines, according to the spokesman.

Medicines affected by the commission’s marketing ban have lost their validity for use in the EU from yesterday and they should no longer be sold or distributed by pharmaceutical companies, wholesale dealers, drugs stores or other outlets, the agency said in a press statement.

However, the ban on certain medicines could be lifted on the basis of the outcome new clinical trial data provided by their marketing authorisation holders. Several drug manufacturers have already availed of this opportunity, the statement said.

The German regulator said so far it has no information that the medicines subjected to clinical trials by GVK Bio posed any health risks to patients who continued to use them. However, it advised those patients still in possession of these medicines to consult their doctors.

Tags: drug

Related Stories

Germany Raises 2020 Growth Forecast Slightly to 1.1%

byadmin
03/02/2020

BERLIN: THE German government modestly raised its economic growth forecast for the country this year to 1.1%. Germany's economy, Europe's...

A top German carrier picks Huawei to help build its 5G network in potential snub to the US

byadmin
21/01/2020

Telefonica Deutschland, one of Germany’s top mobile carriers, has picked Huawei and Nokia to build out its 5G network. 5G...

Gold price surges amid geopolitical uncertainty

byadmin
13/01/2020

These are golden days for gold, the precious metal whose very name is a synonym for something special and successful....

India may overtake Germany to become fourth-largest economy in 2026: Report

byadmin
30/12/2019

India is expected to overtake Germany to become fourth-largest economy in 2026 and Japan to become third largest in 2034,...

Next Post

Auckland Airport reports 3.5% increase in full year net profit in new Zealand

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.